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Direct linkPew Charitable Trusts, 2021
Student debt levels were already pronounced before the pandemic hit, with $91.1 billion in annual federal student lending in 2019-20, up from $20.7 billion in 1990-91. Over that same period, per-student borrowing rose from $2,110 to $6,276, after adjusting for inflation. Evidence available as of Nov. 20, 2021, suggests that the COVID-19 downturn…
Descriptors: Debt (Financial), Student Loan Programs, COVID-19, Pandemics
Pew Charitable Trusts, 2019
States and the federal government have long provided substantial financial support for higher education, but in recent years, their respective levels of contribution have shifted significantly. Given the essential role that government funding plays in higher education access and operations, policymakers across the nation frequently face difficult…
Descriptors: Federal Aid, State Aid, Higher Education, Educational Finance
